AUDCAD is Forming BEARISH BAT - Potential for Reversal!

Hey Everyone,
AUDCAD is Forming HARMONIC PATTERN - BEARISH BAT on H1 chart
In accordance with Overbought ratios as price action Indicates to sell
200D.WMA is also, acting as Resistance barrier on H4 chart
giving a possibility to Sell the pair off,
and Hence we'll be Selling AUDCAD with these preferences,
AUDCAD SELL NOW or (0.97019)
STOP LOSS - 0.97371
TARGET - 0.96133
More updates will be posted under this thread,
have any doubts? then, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+
AUDCAD is Forming HARMONIC PATTERN - BEARISH BAT on H1 chart
In accordance with Overbought ratios as price action Indicates to sell
200D.WMA is also, acting as Resistance barrier on H4 chart
giving a possibility to Sell the pair off,
and Hence we'll be Selling AUDCAD with these preferences,
AUDCAD SELL NOW or (0.97019)
STOP LOSS - 0.97371
TARGET - 0.96133
More updates will be posted under this thread,
have any doubts? then, let us know in the comment section below
and make sure to give this analysis a Thumbs UP +_+
Trade active
UPDATE AUDCAD - Move SL to Breakeven!Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.